reasons for the bullish side:
-we have 2 support lines that are looking pretty strong(2 red lines)
-0.618 fib retracement that usually is a important level

reasons for short side:
-after making a new high, the price reversed back under the previous high aggressively ...

I would wait for more price action to make a decision
analisysBeyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternscryptofreedompatiencesimpletradingTrend Analysis

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